Back on track after a big income dip!
This income report will be brief but I hope to share some valuable learning’s.
For 2015 I have set new goalsand each months income/goals progress report will reflect my slightly adjusted focus.
This monthly report will share all the details about the different “divisions” of my business and the progress towards each goal…
- Passive Income Website Portfolio
- AuthorityWebsiteIncome Blog
- Expired Domain Services:
- Domain Finding Service (buy domains that meet my metrics)
- Done for Your Private Blog Network (let my team build you a personal PBN)
- LightningRank (get access to the most powerful PBN available!)
Hopefully this post will give you some ideas on how to grow your business!
Key Successes
- Authority Site – Having the trust to stick with this project even though the traffic was not really knocking it out of the park has been tough but it is starting to see steady/solid growth.
- Custom Done For You PBN Building – After the “sky is falling” fear Google spread last October many people have quietly been killing it with PBNs and there was a lot of returning customers in April.
Key Failures
- Moving My Business Forward – Although it has been a good month many of my goals are continuing to slip this year.
2015 Business Goals
Download This Easy to Edit and Printable Goals Template – FREE
Part 1 – Passive Authority& Niche Website IncomeProfit/Loss
No matter where my future business direction I would have a very very hard time giving up the fun of building, buying and running profitable websites.
5 Goals in 2015 for my Website Portfolio Business
1. Build Six Figure Website
APR UPDATE – Continued growth with organic search closing in on 100 visitors/day consistently.
Mar Stats
- Traffic =3,307
- Income = $107
2. Continue Building Smaller Profitable “Niche” Sites
APR UPDATE –Several of the sites have generated some income and the return on this project will be positive but it is not the reliable earner I was hoping to create.
3. Systematize Top 20 Sites in Portfolio
APR UPDATE –No progress on this front
4. Buy 2 Sites Per Month
APR UPDATE: I added a couple quickly built sites to my portfolio. These were from a reader who was looking end a project he had been working on. Neither are going to be great earners but the deal I thought made sense for all involved….
- He was able to sell them quickly
- Sold sites that were not making enough to justify listing at Empire Flippers or Flippa
- GOAL = 8 sites purchased by Apr 2015
- ACTUAL = 13 sites (+2 in Apr)
If any readers are looking to sell their profitable site(s) quickly let me know by emailing me. I can let you know in 12hrs if I am interested and complete the purchase in 24-48hrs – Contact Me Here
5. Improve Monetization of Existing Sites
APR UPDATE – I find this work to be some of the best use of my time. Although it is sometimes not very exciting cross referencing stats to commissions or similar deep dive analysis it always pays off. In April I dug into the links on a couple of my sites and realized I was leaving a lot of money on the table. Sometimes I think I am a very slow learner…making similar mistakes over and over… “burning $1,800/month”
PRIMARY GOAL – OVERALL INCOME FOR WEBSITE PORTFOLIO
Part 2 – Authority Website Income Blog Profit/Loss
My commitment on this site is to provide once per week posts from me in and one MONSTER of an ultimate guide a little later in the year.
3 Goals in 2015 for AuthorityWebsiteIncome.com
1. Post 1-2 times per week
APR UPDATE – I will be starting to slip a little on this goal but I have a good head start to hit my annual target.
- Plan = 4
- Actual = 4
APR UPDATE – Very weak involvement from me here!
- Interview = 0
- Roundup = 0
- Podcast = 0
2. 2 EPIC Posts Published
APR UPDATE –One mini-epic post has been published with me revealing the 301 building block strategy (Part 1, Part 2)
PRIMARY GOAL – GROW TO 30k VISITORS PER MONTH
Part 3 – Services Business Profit/Loss
- Create Stand Alone Business
APR UPDATE – No progress towards this, this will come after #2 below has more progress.
- Rework and Customize Systems
APR UPDATE – Some solid progress this month with 3 new procedures overhauled.
- Systematic Customer Acquisition
APR UPDATE – Very slow progress but set up for a decent May
PRIMARY GOAL – STAND ALONE SYSTEMATIZED SERVICES BUSINESS
Overall Income Update
Original Monthly Net Income Target (original – $15k/month reliable income by age 35)
- Target Net Income = $6,725
- Actual net Income = $15,121.03
- 2015 Average Monthly Net Income = $9,313
Final Comments
In mid April my work schedule once again became very hectic with some added responsibility and VERY long days (5:00am to 10:00pm). Fitting in both family and time to grow the business is definitely a challenge but with a FANTASTIC team including a key Technical project manager and Business System project manager everything continues to move along well!
It is great to see the continued highly positive feedback from customers of the done for you PBN service.
Thank you for sharing with such detail. I hope you get to your $15K per month goal soon.
Great job on exceeding the goal again! Have you been able to grow the sites that you’ve been purchasing?
I bought a few sites in the past and I noticed that some sites just needed small edits for substantial growth.
Hey Jon. I’m curious, do you report your numbers in USD or CDN? I live in Canada but earn my online income in USD so lately have enjoyed a 20% boost in income as the Canadian dollar has decreased vs the USD.
Hey Jon, great to see you back. Do you have plan to quiz to your job? I just wonder. It’s such a long working day. Anyway, hope you’re going great in every month.
Jon,
what is the current monthly earning of the niche sites you are interest to buy from us readers?
Hey Jon,
I just stumbled upon your site for the first time and I’ve gotta say – I’m already a fan!
Experimenting with increasing monetization has to be one of those things that separates the top performers from the rest of the pack. A small change resulting in a 1% uplift in sales can have a massive impact in overall performance.
As I grow my own stable of websites experimenting in certainly going to be something I really focus on.
Paul